Forms & Ledgers
Use the check template to write a check to Wyatt for $11.20 for Consulting Services.
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Convert .89 to a fraction and to a percent.
Fraction: 89/100
Percent: 89%
Toys R Us is having a sale on action figures.
10% off!
An action figure normally costs $8.99. What is the sale price of an action figure?
$8.09
Calculate the NPER for a 10/9 discount.
Write your answer as a percent rounded to the nearest tenth of a percent.
81.9%
Round 478944.099 to the nearest ten thousand
480,000
Use the check ledger template to find the balance forward resulting from the following:
Starting balance: $2436.80
Check #791 on May 2 to John Deere for $338.99
Deposit on May 12 of $287.73
Check #792 on May 12 to Cheng's Lumber for $67.97
$2317.57
3,500 lions live in the Serengeti.
How many separate lions would you need to see to have seen 15% of them?
525
A blender costs $48, and the seller decides they need to mark up the blenders by $12 per item to sustain costs of business.
Calculate the markup rate on the blender based on cost.
25%
Find the Net Cost Rate, Sale Price, and the Discount Amount for a discount of 15% on a $500 purchase.
NCR: 85%
Net Cost/ Sale Price: $425
Discount Amount: $75
Suppose Sarah gets 77% on Exam I, 88% on Exam II, and 90% on Exam III.
What grade does she need on the Final Exam to get an A?
The Grades are Weighted as Follows:
Midterm Exams: 20% each
Final Exam: 40%
97.5 %
Your Bank Statement shows a balance of $17,500.
You total up your deposits in transit and find there are $2,300 worth. You also notice Check #122 for $2000 and Check #123 for $1000 did not appear on your bank statement yet. Finally, you notice that the bank has made an error and recorded a $2500 bank draft as a $2000 bank draft, but they will soon correct this.
What is your reconciled bank balance?
$16,300
The median household income in IL in 2023 was $81,702. In 2025 the median household income is about $88,824. Find the rate of increase in the median houshold income.
Round to the nearest hundredth of a percent.
8.72%
Popcorn costs $1.05 per gallon for the movie theatre to make.
They sell it for $12 per gallon.
Calculate the markup based on selling price AND based on cost.
Cost: 1043%
SP: 91.25%
A tractor is sold for $450,000 with a chain discount of 15/10/5.
Find the sale price of the tractor.
$327,027.50
Convert 0.3555 to a fraction.
3555/10000
OR
711/2000
Compute the subtotal for your invoice from Flo's Dental Supply in your packet.
$10514.60
The price of wheat was $521.25 per bushel yesterday. If the price decreased by 13% overnight, what is the price per bushel of wheat today?
$453.49
Calculate the markup based on selling price that is required to mark up a dump truck that costs $340,223 to $350,000.
2.79%
Find the final discount date for an invoice dated 5/12/2025 with terms 2/45, n/60.
June 26th, 2025
Identify which equation is false:
Cost($) + Markup($) = Selling Price($)
Original Price(%) = Sale Price(%) + Markdown (%)
Cost (%) + Markup(%) = Selling Price(%)
Part($) = Base ($) x Rate($)
The rate should always be a decimal!!
Correctly complete the bank reconciliation forms found in your packet
$10,430
Elon Musk’s net wealth in 2020 was ~$27 billion. In 2025 his net wealth is approximately ~$480.2 billion. Find the rate of increase in Elon Musk’s net wealth between 2020 and 2025. (Round your answer to the nearest whole percent.)
1679 %
A store applies a 10% tax on all goods purchased.
You have exactly $700. How much can you spend on goods without your total purchase price (including tax) going over $700. Your answer must be correct to three decimal places.
$636.364
Find the total invoice amount for the Flo's Dental Supplies Invoice if you pay within the discount window.
$10440.31
He marks up the rent on the sawmill by 25% based on cost.
Saul offers his preferred customers a 25% discount on the sawmill rent. What is Saul's net profit on the sawmill rent for the preferred customers?
-$25!